Alligator Bioscience (Sweden) Market Value
| ATORX-TO-9 | 0.06 0.01 8.05% |
| Symbol | Alligator |
Alligator Bioscience 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Alligator Bioscience's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Alligator Bioscience.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Alligator Bioscience on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Alligator Bioscience AB or generate 0.0% return on investment in Alligator Bioscience over 30 days.
Alligator Bioscience Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Alligator Bioscience's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Alligator Bioscience AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 19.12 | |||
| Information Ratio | 0.014 | |||
| Maximum Drawdown | 153.35 | |||
| Value At Risk | (29.09) | |||
| Potential Upside | 30.0 |
Alligator Bioscience Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alligator Bioscience's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alligator Bioscience's standard deviation. In reality, there are many statistical measures that can use Alligator Bioscience historical prices to predict the future Alligator Bioscience's volatility.| Risk Adjusted Performance | 0.0249 | |||
| Jensen Alpha | 0.4616 | |||
| Total Risk Alpha | (2.92) | |||
| Sortino Ratio | 0.0157 | |||
| Treynor Ratio | (1.17) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alligator Bioscience's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Alligator Bioscience Backtested Returns
Alligator Bioscience appears to be out of control, given 3 months investment horizon. Alligator Bioscience secures Sharpe Ratio (or Efficiency) of 0.0204, which signifies that the company had a 0.0204% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Alligator Bioscience AB, which you can use to evaluate the volatility of the firm. Please makes use of Alligator Bioscience's Downside Deviation of 19.12, mean deviation of 12.96, and Risk Adjusted Performance of 0.0249 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Alligator Bioscience holds a performance score of 1. The firm shows a Beta (market volatility) of -0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Alligator Bioscience are expected to decrease at a much lower rate. During the bear market, Alligator Bioscience is likely to outperform the market. Please check Alligator Bioscience's treynor ratio, as well as the relationship between the expected short fall and day median price , to make a quick decision on whether Alligator Bioscience's price patterns will revert.
Auto-correlation | 0.38 |
Below average predictability
Alligator Bioscience AB has below average predictability. Overlapping area represents the amount of predictability between Alligator Bioscience time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Alligator Bioscience price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Alligator Bioscience price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Alligator Bioscience lagged returns against current returns
Autocorrelation, which is Alligator Bioscience stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Alligator Bioscience's stock expected returns. We can calculate the autocorrelation of Alligator Bioscience returns to help us make a trade decision. For example, suppose you find that Alligator Bioscience has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Alligator Bioscience regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Alligator Bioscience stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alligator Bioscience stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alligator Bioscience stock over time.
Current vs Lagged Prices |
| Timeline |
Alligator Bioscience Lagged Returns
When evaluating Alligator Bioscience's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alligator Bioscience stock have on its future price. Alligator Bioscience autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Alligator Bioscience autocorrelation shows the relationship between Alligator Bioscience stock current value and its past values and can show if there is a momentum factor associated with investing in Alligator Bioscience AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Alligator Stock Analysis
When running Alligator Bioscience's price analysis, check to measure Alligator Bioscience's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alligator Bioscience is operating at the current time. Most of Alligator Bioscience's value examination focuses on studying past and present price action to predict the probability of Alligator Bioscience's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alligator Bioscience's price. Additionally, you may evaluate how the addition of Alligator Bioscience to your portfolios can decrease your overall portfolio volatility.